Friday Roundup
Whistleblower award, interesting observations, scrutiny update, why in the world, you lose some and you win some, and guilty plea. It’s all here in the Friday roundup.
Whistleblower Award
According to this report, “a former Brazilian surgeon who blew the whistle on a medical device company that allegedly bribed doctors to win business will get a $4.5 million award from U.S. regulators, according to his lawyers. The surgeon will get the money for playing a crucial role in helping the SEC uncover a bribery scandal at Biomet Inc. that spanned the globe. (See here for the SEC release).
Friday Roundup
More on Major League Baseball’s FCPA scrutiny, Siemens, across the pond, ripple, and for the reading stack.
It’s all here in the Friday roundup.
MLB’s FCPA Scrutiny
This prior post highlighted Major League Baseball’s apparent FCPA scrutiny. According to this Sports Illustrated article:
Major League Baseball Reportedly Under FCPA Scrutiny
According to this report:
“A federal grand jury is looking into Major League Baseball teams’ international dealings and has issued subpoenas to club officials and other personnel involved in the transactions, three sources familiar with the probe told Yahoo Sports. Agents from the FBI have spearheaded the investigation, according to sources familiar with it, and lawyers from the Department of Justice who specialize in Foreign Corrupt Practices Act cases – which typically involve bribery of foreign officials – are involved as well.”